REGISTERED NUMBER: 04219269 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

LUDLOW HOMECARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Dr S Bowen

E E A Bowen

Dr M S J Bowen

REGISTERED OFFICE:

Ludford Bridge

Temeside

Ludlow

Shropshire

SY8 1PE

REGISTERED NUMBER:

04219269 (England and Wales)

ACCOUNTANTS:

D.R.E. & Co. Limited

Chartered Accountants

Number 5

The Business Quarter

Eco Park Road

Ludlow

Shropshire

SY8 1FD

FIXED ASSETS

Tangible assets

5

154,398

202,664

CURRENT ASSETS

Stocks

545,000

520,000

Debtors

6

173,234

188,111

Cash at bank and in hand

134,654

115,010

852,888

823,121

CREDITORS

Amounts falling due within one year

7

347,401

395,647

NET CURRENT ASSETS

505,487

427,474

TOTAL ASSETS LESS CURRENT LIABILITIES

659,885

630,138

CREDITORS

Amounts falling due after more than one year

8

-

(8,334

)

PROVISIONS FOR LIABILITIES

(33,560

)

(44,757

)

NET ASSETS

626,325

577,047

CAPITAL AND RESERVES

Called up share capital

250,100

250,100

Retained earnings

376,225

326,947

626,325

577,047

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by:

Dr M S J Bowen - Director

Dr S Bowen - Director

E E A Bowen - Director

1.	STATUTORY INFORMATION

Ludlow Homecare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial

instruments.

Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and

subsequently carried at amortised cost.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 24 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Land and

and

Motor

buildings

fittings

vehicles

Totals

£

£

£

£

COST

At 1 September 2024

317,578

367,052

33,396

718,026

Additions

-

1,424

-

1,424

Disposals

-

(286,698

)

-

(286,698

)

At 31 August 2025

317,578

81,778

33,396

432,752

DEPRECIATION

At 1 September 2024

181,845

305,710

27,807

515,362

Charge for year

17,133

5,577

1,397

24,107

Eliminated on disposal

-

(261,115

)

-

(261,115

)

At 31 August 2025

198,978

50,172

29,204

278,354

NET BOOK VALUE

At 31 August 2025

118,600

31,606

4,192

154,398

At 31 August 2024

135,733

61,342

5,589

202,664

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

6,689

26,997

Other debtors

152,814

39,736

Directors' current accounts

-

108,949

Prepayments

13,731

12,429

173,234

188,111

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

8,334

10,000

Trade creditors

163,295

165,660

Tax

27,949

25,848

Social security and other taxes

-

8,750

VAT

34,227

52,158

Other creditors

-

605

Directors' current accounts

103,786

117,244

Accrued expenses

9,810

15,382

347,401

395,647

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans - 2-5 years

-

8,334

9.	OTHER FINANCIAL COMMITMENTS

At 31st August 2025 the company had a total commitment of £186,667 (2024 - £266,667) regarding a property lease.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

D E C Bowen

Balance outstanding at start of year

108,948

58,462

Amounts advanced

-

50,486

Amounts repaid

(108,948

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

108,948

11.	RELATED PARTY DISCLOSURES

At the balance sheet date of 31st August 2025 there was an outstanding shareholder loan balance owed to the company of £114,518.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ludlow Homecare Limited for the year ended 31 August 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ludlow Homecare Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ludlow Homecare Limited and state those matters that we have agreed to state to the Board of Directors of Ludlow Homecare Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ludlow Homecare Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ludlow Homecare Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ludlow Homecare Limited. You consider that Ludlow Homecare Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ludlow Homecare Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

D.R.E. & Co. Limited

Chartered Accountants

Number 5

The Business Quarter

Eco Park Road

Ludlow

Shropshire

SY8 1FD

22 May 2026